Living in Waverly, Kentucky

Cost of living, income, home prices, rent and demographics of Waverly · Census data 2020–2024

Waverly has 403 residents with a median age of 48.5. The median household income is $62,188 (about the same as the Kentucky median), the median home value is $95,000, the median rent is $831/month.

Waverly is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Waverly at a glance

Population
403
Median age
48.5State: 39.1
Median household income
$62,188State: $63,726
Median home value
$95,000State: $205,600
Median rent
$831/moState: $967
Homeowners
83.8%
Bachelor's degree or higher
9.3%
Average commute
29 min

Is Waverly a good place to live?

Pros: Home values 54% lower than the state median.

Cons: Median household income about the same as the Kentucky median; an average commute of 29 minutes; a poverty rate of 16.9%.

The weather is best in May and August to October.

Cost of living in Waverly

Housing is the biggest part of the cost of living. In Waverly the median home value is $95,000, 71% lower than the U.S. median. Renters pay a median of $831 per month, which is 14.5% of household income. Homeowners with a mortgage pay $850 a month in housing costs.

Median home value

Waverly$95,000
Kentucky$205,600
United States$332,700

Median monthly rent

Waverly$831
Kentucky$967
United States$1,413

Waverly median household income

The median household income in Waverly is $62,188 and the income per person is $30,833. 16.9% of residents live below the poverty line (Kentucky: 16.1%).

Median household income

Waverly$62,188
Kentucky$63,726
United States$80,734

Housing in Waverly: homes for sale and rent

Housing units
187
Owner-occupied
83.8%
Renter-occupied
16.2%
Vacant
7.5%Includes seasonal homes
Median year built
1972
Average household size
2.33

Waverly demographics

Population
403
Median age
48.5
Under 18
16.6%
65 and older
30.8%
Households
173
Foreign-born
0%
Veterans
19.6%Adults 18+

Race and ethnicity

White98.8%
Hispanic or Latino0%
Black0%
Asian0%

Hispanic or Latino can be of any race. Population history of Waverly ›

Education in Waverly

9.3% of adults 25 and older in Waverly have a bachelor's degree or higher (Kentucky: 27.6%), and 0.9% have a graduate or professional degree.

Bachelor's degree or higher

Waverly9.3%
Kentucky27.6%
United States35.7%

Jobs and commute in Waverly

Unemployment rate
0%State: 4.9%
Average commute
29 minState: 24 min
Work from home
2.9%
Drive alone
91.9%
Public transit
0%
Walk to work
2.3%
Homes with broadband
83.8%

Waverly vs nearby towns

TownPopulationMedian incomeHome valueRent
Waverly403$62,188$95,000$831
Breckinridge Center1,467$64,152—$1,013
Morganfield3,185$65,829$113,600$852
Corydon741$56,304$131,700$732
Uniontown874$43,857$61,900$598
Sturgis1,864$36,780$84,500$678
Dixon1,036$46,607$82,500$781
Robards483$80,250$152,100$778
Henderson27,852$48,186$160,100$771

More for people moving to Waverly

Waverly ZIP code ›Weather and climate ›

Living in Waverly: FAQ

What is the median household income in Waverly, KY?

The median household income in Waverly is $62,188, about the same as the Kentucky median of $63,726 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Waverly?

The median home value in Waverly is $95,000, compared with $205,600 in Kentucky.

How much is rent in Waverly?

The median gross rent in Waverly is $831 per month, about 14.5% of household income.

Is Waverly, KY a good place to live?

Pluses: home values 54% lower than the state median. Minuses: median household income about the same as the Kentucky median; an average commute of 29 minutes; a poverty rate of 16.9%.

What is the median age in Waverly?

The median age in Waverly is 48.5 years (Kentucky: 39.1).

How long is the commute in Waverly?

The average commute to work in Waverly is 29 minutes; 2.9% of workers work from home.

What is the unemployment rate in Waverly?

The unemployment rate in Waverly is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Waverly?

9.3% of adults in Waverly have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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